NOT LISTED FOR SALE

308 and 310 Kentucky Ave Effingham, IL 62401

Estimated Value: $88,000 - $286,000

1 Bed
2 Baths
1,248 Sq Ft
$149/Sq Ft Est. Value

Last Sold July 29, 2021

Last sale price $135,000 $108 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $1,265/month

48 Days on Market

Highlights

  • 2 Car Attached Garage
  • Central Air
  • 1-Story Property

About This Home

As of July 2021

Investors dream! Check out this remodeled Duplex on a large corner lot! All of the work has been done to this duplex, just purchase and watch the cash flow! Flooring in both units have been replaced in the last year, roof in 2014. Each unit is a 2 bedroom 1 bath with an attached garage. Both units are identical, #310 is being rented for $500/month and is on a month to month lease, #308 is $550 and is nearing the end of a 6 month lease.

Last Agent to Sell the Property

Christopher Etter

RE/MAX Key Advantage License #475133172 Listed on: 05/10/2021

RE/MAX Key Advantage

Last Buyer's Agent

Taylor Dammerman

Dammerman & Associates Benchmark Realty License #475187907

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,218

Year Built

  • Built in 1974

Lot Details

  • 6,970 Sq Ft Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Duplex
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,248 Sq Ft Home
  • 1-Story Property
  • Range

Utilities

  • Central Air
  • Gas Water Heater

Community Details

  • 2 Units
  • County Clerk Add Subdivision

Listing and Financial Details

  • The owner pays for trash collection, water
  • Assessor Parcel Number 0316011012

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,218

Year Built

Built in 1974

Lot Details

0

Parking

2

Listing Details

  • Above Grade Finished Sq Ft: 1248.0
  • Lot Size Acres: 0.16
  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Building Stories: 1
  • Subdivision Name: County Clerk Add
  • Year Built: 1974
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • Property Sub Type Additional: Duplex
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Gas Water Heater, Range, Refrigerator
  • Owner Pays: Trash Collection, Water
  • Stories: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Vinyl Siding
  • Roof: Shingle
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 2.0
  • Attached Garage: Yes
  • Parking Features: Attached, Garage

Utilities

  • Cooling: Central Air
  • Water Source: Public
  • Cooling Y N: Yes
  • Sewer: Public Sewer

Schools

  • Junior High Dist: Effingham Dist. 40

Lot Info

  • Lot Size Sq Ft: 6970.0
  • Parcel #: 0316011012
  • Zoning: R-3
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 3218.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2021
Closed on
Jul 26, 2021
Sold by
Pals Dustin J
Bought by
Mcdonald Tyler
Seller's Agent
Christopher Etter
RE/MAX Key Advantage
Buyer's Agent
Taylor Dammerman
Dammerman & Associates Benchmark Realty
List Price
$150,000
Sold Price
$135,000
Premium/Discount to List
-$15,000
-10%
Current Estimated Value
$185,457

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,457
Avg. Annual Appreciation
9.89%

Purchase Details

Closed on
Nov 20, 2018
Sold by
Pals Matthew B
Bought by
Pals Dustin J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000
Interest Rate
5.49%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Mcdonald Tyler $135,000 Attorney
Pals Dustin J $80,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pals Dustin J $64,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2021 07/29/21 Sold $135,000 -10.0% $108 / Sq Ft
06/28/2021 06/28/21 Pending -- -- --
05/10/2021 05/10/21 For Sale $150,000 -- $120 / Sq Ft
Source: Central Illinois Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $3,043 $50,690 $7,200 $43,490
2022 $2,829 $46,510 $6,610 $39,900
2021 $3,339 $46,040 $6,540 $39,500
2020 $3,280 $44,750 $6,360 $38,390
2019 $3,218 $44,310 $6,300 $38,010
2018 $3,114 $42,610 $6,060 $36,550
2017 $3,060 $41,770 $5,940 $35,830
2016 $2,996 $40,560 $5,770 $34,790
2015 -- $39,380 $5,600 $33,780
2014 -- $38,240 $5,440 $32,800
2013 -- $37,490 $5,330 $32,160
2012 -- $36,930 $5,250 $31,680
Source: Public Records

Agents Affiliated with this Home

  • Christopher Etter

    Seller's Agent in 2021

    Christopher Etter

    RE/MAX

    (217) 821-5125

    60 Total Sales

    Christopher Etter
    Section Image

  • T

    Buyer's Agent in 2021

    Taylor Dammerman

    Dammerman & Associates Benchmark Realty

    (217) 342-4663

    104 Total Sales

    Taylor Dammerman
    Section Image
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Map

Source: Central Illinois Board of REALTORS®

MLS Number: 6212281

APN: 0316011012

Illinois Effingham County Effingham 62401

308 and 310 Kentucky Ave, Effingham, IL

This home is located at 308 and 310 Kentucky Ave, Effingham, IL 62401 since 10 May 2021 and is currently estimated at $185,457, approximately $148 per square foot. This property was built in 1974. 308 and 310 Kentucky Ave is a home located in Effingham County with nearby schools including South Side Grade School, Early Learning Center, and Central Grade School.

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